Brazil’s State-Owned Caixa Again Postpones IPO of Its Insurance Unit September 25, 2020 Brazilian state-owned lender Caixa Economica Federal said on Thursday that it had indefinitely postponed plans for an initial public offering...
Chinese Companies Lag Far Behind in Climate Risk Disclosure September 24, 2020 A report on the current state of climate risk disclosures among the largest companies in China and the United States...
Peak Re Appoints Pioneer’s Souter as Director of Markets for P/C Business September 24, 2020 Hong Kong-based Peak Re announced the appointment of Andrew Souter as director of markets responsible for developing the company’s property/casualty...
Ant Group Eyes Raising $17.5 Billion via Hong Kong IPO Without Cornerstone Investors September 24, 2020 China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without...
Most Important Climate Pledges Aren’t the Splashy Ones September 24, 2020 By Nathaniel Bullard, Bloomberg Opinion It’s Climate Week in New York, which brings with it a raft of announcements from companies outlining their new decarbonization...
What Distinguishes This Market? Here’s Lockton Re Leaders’ Insights September 24, 2020 By Andrew G. Simpson Lockton Re’s Tim Gardner, global CEO, and Ross Howard, global chairman, have been through their share of hard markets. Like...
Businesses Face Fewer Cyber Events, But the Attacks Are More Costly September 24, 2020 By Meghan Hannes The stakes are higher than ever for businesses when it comes to cyber risk, especially with the added complexity of...
Insurers May Cut Allocations to Poorly Performing Hedge Fund Investment Sector September 24, 2020 By Maiya Keidan and Carolyn Cohn Having complained for years about hedge funds’ high fees and lackluster performance, insurance firms may be preparing to cut allocations...
Bank of England Warns Private Insurers Need Government to Help Narrow Protection Gap September 23, 2020 By Benjamin Robertson and Lucca de Paoli The Bank of England has encouraged the government to work with UK insurers in preparation for future major shocks, rather...
Citing U.S. Sanctions, Insurers Won’t Cover Ships For Russia, Turkey Pipelines Projects September 23, 2020 The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream...